Binomo is a binary broker with a regulated pattern, it is a client-oriented company with potentials of creating new possibilities in the market of leading trading technologies. It started in 2014, with its base in Stagord Resources Ltd
Evagorou, 27, Irene Building, 4th Floor, Flat/Office 44, Trypiotis, Nicosia, 1066, Cyprus and Tiburon Corporation Limited, Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles. In this Binomo Review i am going to discuss a lot of recent activities. Recently Binomo included Bitcoin and Litecoin into its trading platform to aid transfer of funds based on trending cryptocurrency activities.
How do I open a Binomo Account?
Opening an account is quite easy and could be done in few minutes. All you need to do is go to their central page, you will see a quick registration form where you fill in your email and a new password. After this, you go to your email address to confirm your account. This should be done through a registration link sent to you by Binomo. Once you are logged in via the email link, you can simply update your personal information.
Unlike some other online business platforms that require rigorous verification, Binomo does not require identity verification or its likes.
How do I fund my Binomo Account?
Funding your Account
It is quite easy to fund your account through these financial payment channels. Its a bit itchy trying to fund your account using cryptocurrency (Bitcoin or Litecoin). Although I prefer going through the cryptocurrency channel even though I know that it will take a while for the money to reflect in my account. This is due to blockchain confirmation processes. We are already in a cryptocurrency generation and most people already have one crypto or the other in their wallet, if you have none please you can buy from Remitano, Ngexchanger or Luno.
When funding your account through the cryptocurrency channel. A receive address will be assigned to your account and this address is given a time frame. This time frame is about 24 to 26 hours. You are expected to transfer a specified amount of BTC or Litecoin to the address within that time frame. If you send bitcoin to this address after this time frame, it will not be credited to your binomo account. So make sure you only use the address within the time frame. If the time is past, initiate the process again and you will be issued a new receive address.
How do I Trade with Binomo?
Once you are registered on Binomo and completed the necessary registration processes, you will notice that you are been provided with a Demo account where you can actually run simulations on how to trade, The Demo account is being funded with $1000. You could simply practice with this demo account and gradually stake your $1000 in bits until you become familiar with the system. The minimum deposit is $10. Win rate according to Binomo is 85% on average and has a tendency of getting to 90%.
This company is one of the companies that offer enticing bonuses as long as you keep trading with them; they tend to give you bonus opportunities when you take part in tournaments, promotions or when you replenish your balance with an amount above $50. It provides its clients with classic bonuses for first topping up. The picture below shows bonuses on deposit amount.
Training on Binomo
Am sure you must have read a lot of Binomo Reviews with similar stories but am going to show you some of its unique features based on my experience. Binomo creates an environment where novice or beginners in options trading could get well equipped with relevant knowledge about options trading. The broker created an extended training program which is designed in an interactive format. This video tutorial showing a step by step instructions and a glossary. Hence newbies with zero knowledge on trading can swiftly learn the art of options trading.
Withdrawal of Funds on Binomo
Withdrawals take sometime. When withdrawing from Binomo, you have to wait for about 24 hours.
You can only withdraw funds through the channel you used in depositing funds. Let’s say you deposited fund through Bitcoin, you can only withdraw your fund through bitcoin.
Advantages of Trading with Binomo
- Binomo offers Elite options trading service with a wide spectrum of financial assets.
- Here they provide analytical services for client trading
- There is Demo account for beginners
- They provide a helpful section of high-quality tutorials
- Binomo also provides professionals who handle their customer care section. They provide clients with necessary support when customers encounter any problem.
I believe that this Binomo Review will go a long way in guiding you as you take a bold step to success.